Investor interest in buying distressed assets is surging, and eBay-like auction sites are growing rapidly, with still bigger growth forecast.

The Treasury will offer incentives to lenders to modify or forgive second mortgages.

Many housekeepers, bus boys, dishwashers, doormen, valets and customer service agents have either lost their jobs or are working significantly fewer hours.

Vertex up on rumor-driven trading, with calls in action.

McGraw-Hill also comes out with better-than-expected results but falls a little short on its outlook.

Circuit City bites the dust, and Best Buy is a huge beneficiary.

When booking hotel rooms, prices can reflect a rat’s nest of published rates, available-for-the-asking rates, negotiated rates and rates for rooms passed to discounters.

Retailers have noticed that consumers are more drawn to a discount of a certain percentage than to a specific price or promotion.

Companies with solid cash positions enjoy a buffer when times get tight.

Buffalo Wild Wings is also capitalizing on consumers who opt for a step up from fast food.